Devine / Leighton – Hamilton Harbour Multiplex Living – Promenade Portside Wharf Northshore Hamilton Hamilton Harbour Portside Promenade Northshore Site Area: 1,841sqm Improvements: Former 2 level Cold Store facility which has undergone an exceptional renovation programme to provide a high level of building services with the first floor now upgraded to “A” grade office accommodation serviced by a new lift and entry foyer. The ground floor comprises two retail tenancies and a large secure car park. Net Lettable Area: 2,184 sqm (approx) Car Parking: 39 plus 2 store bays Net Income: $1,019,756 per annum (approx) Tenancy Status: Fully leased to an excellent mix of tenants; APN News and Media (96% by income) Cicco Boom Coffee Method of Sale: For Sale P.O.A Current Projects – Spring Hill ►
A $500 million development, currently under construction, will include 416 residential apartments, 2 commercial towers and urban village in between, with boutiques, bars, restaurants, gymnasium and childcare facilities. The $500 million Hamilton Harbour mixed use development of over 400 apartments in two towers of 19 and 22 storeys which achieved significant pre-sales. The development will also include two office buildings fronting Kingsford Smith Drive providing 31,000sq m of commercial space, all focussed around a hub of boutique retail tenancies and cafes with a 1,000sq m shared green shared space.
The next residential tower to be undertaken by Multiplex following the unprecedented success of the first release in the adjoining Portside Wharf development which features the Brisbane International Cruise Terminal, restaurants, boutiques and cinemas. We understand that construction is scheduled to commence later this year.
The Northshore development involves the urban renewal of the former port and industrial land located along the Hamilton reach of the Brisbane River just 500 meters east of the subject property. It provides the opportunity to develop a significant brownfield site into a mixed use development that would provide accommodation for approximately 15,000 residents within a total project area of approximately 80 hectares.
Mixed use residential, commercial and retail project situated directly opposing the subject property and is currently under construction, the next stage of the popular Portside Project comprising residential and retail which is scheduled to commence in July.
Portside Promenade, Stage 2 of the successful Portside development with construction to commence on this residential town centre this year.
A master planned residential community where it is anticipated to be home to an expected 15,500 residents over the next decade. These major developments will certainly invigorate this already prosperous area whilst the improved transport infrastructure with the recent upgrade of the nearby Gateway Arterial providing easier access to north and south coasts. 9 Hercules Street, Hamilton represents an outstanding commercial investment opportunity with significant future residential development prospects and we strongly recommend your participation in the marketing campaign.